Connecticut Form AU 463 is the official Motor Vehicle and Vessel Gift Declaration required by the Connecticut Department of Motor Vehicles (DMV) whenever a car, boat, or other vehicle is gifted from one person to another. The form legally confirms that ownership transfers without any payment or future compensation from the donee to the donor.
The AU 463 form captures all details needed to verify the legitimacy of the gift. This includes the full legal name and current mailing address of the donor (the person giving the vehicle) and the donee (the person receiving it). The form also records the exact date of the transfer and the identifying characteristics of the vehicle or vessel: make, model, year, and the Vehicle Identification Number (VIN) for cars or the Hull Identification Number (HIN) for boats and watercraft.
Filing the AU 463 with the Connecticut DMV provides the donee a significant financial benefit. A verified gift declaration exempts the transaction from Connecticut sales tax, which would otherwise be calculated on the vehicle's fair market value. This exemption applies only when the transfer is a genuine gift with absolutely no monetary consideration, goods, or services exchanged in return. If you also need to update the vehicle's title, our transfer of ownership form is commonly filed alongside the AU 463.
The form underlines the importance of honesty in the declaration process. Connecticut law imposes significant penalties for false statements on this form, including monetary fines and possible imprisonment. Both the donor and the donee must sign the AU 463 in their respective sections, formally attesting that the transfer is a genuine, no-compensation gift. This dual-signature requirement protects both parties and creates a clear paper trail for the Connecticut DMV.
For those involved in other types of no-cost asset transfers, a gift affidavit form can serve as an additional written record of the arrangement. Once both parties have signed the AU 463, submit it to the local Connecticut DMV office together with your title application or vehicle registration documents to complete the transfer process.
| Question | Answer |
|---|---|
| Form Name | Connecticut Form Au 463 |
| Form Length | 1 pages |
| Fillable? | No |
| Fillable fields | 0 |
| Avg. time to fill out | 15 sec |
| Other names | vehicle gift form, au 463 form, ct motor vehicle gift form, motor vehicle gift form |